Tag Archive for banks

Best Person to Head New Consumer Protection Agency Opposed by Tim Geithner

Elizabeth Warren presents the best defense for the middle class. It is imperative she head the new agency that will ultimately defend consumers from the the practices of the banking and credit card industries. Far from being a crony to the financial kings, she has been the most vocal advocate of an agency dedicated to the interests of consumers.

Capitalist Bitch Slap – Nationalizing Banks

Banks have failed in the Free Market.  Both Paulson and Greenspan (an avowed Ayn Rand disciple) have admitted this.  For a “free market” to be a Free Market, the market participants (banks in this case) must act Rationally.  Acting Rationally means looking at the viability of the business in the long term, avoiding actions which…